AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is the Cryptocurrency Protocol Robust?
When maker first started, the only collateral they accepted was ETH. But now ETH is only 20%. How much is your DC? USDC, most stable points in total is about 15%. So it's pretty remarkable. People talked about the centralized risks factor, right? Like if, let's say stablecoins get frozen via USDC or do US does something about the treasure bills that a whole hasn't happened yet. And they're generating yield for their users. The protocol is still very robust in terms of the way diversified its holdings. It makes a lot of sense. They're creating more yield for their protocol. Overall, it's I think keeping the protocol robust against all the risk